27.12.2013
CURRENT REPORT NO 28/2013 OF DECEMBER 27, 2013
SIGNING AN ANNEX TO A CONSIDERABLE CONTRACT
Krakchamia S.A Board informs that on December 27, 2013 a three-party distribution annex to a contract was signed by Krakchemia S.A., Basell Sales & Marketing Company B.V. (BSM) with headquarters in Rotterdam, Holland as well as Basell Orlen Polyolefins Sprzedaż Sp. z o. o. (BOPS) with headquarters in Płock.
The subject of the annex is the prolongation until March 31, 2014 of a contract concluded by the Parties on March 27, 2012 of which the Board informed in its communiqué of March 27, 2012.
Other contractual stipulations remain unchanged.
The criterion for regarding a contract as considerable is the value of the contract subject which exceeds 10 % of the Company sales for the period of four accounting quarters.
Legal basis : § 5 ust. 1 pkt 3 of the Minister of Finance regulation on the current and periodical information published by the securities issuers and the circumstances of regarding as equivalent of the information required by the legal acts of a non-member state (Dz. U. z 2009 r. Nr 33 poz. 259 – The Journal of Law of 2009, No 33 item 259).
20.12.2013
CURRENT REPORT No 27/2013 OF 20.12.2013
CHANGE OF THE STAKE IN THE TOTAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 20.12.2013 a notification was received, dated as on 16.12.2013, in the mode of Art. 69 para. 1 item 1 and para. 4 item 4 and Art. 69a para.1 item 1 of the Bill of 29 July 2005 on public offer and conditions of introducing of financial instruments into the organized trading system and on public companies, from Powszechne Towarzystwo Emerytalne PZU S.A. acting on behalf of Otwarty Fundusz Emerytalny PZU „Złota Jesień” (OFE), that as a result of redeeming of one million of shares by KRAKCHEMIA S.A., announced by the Company on 11 December by the current report No. 24/2013, the Fund exceeded the threshold of 10% of votes at the Company GSM. The Fund informed in its notification that the investment in the Company shares is treated as portfolio one and in the perspective of the 12 months to come, the Fund does not exclude a possibility of purchasing or selling the Company shares depending on the market situation, information published by the Company or the requirements of the Fund`s investment portfolio.
Before the change of stake, Powszechne Towarzystwo Emerytalne PZU S.A. was In the possession of 994 084 Company shares, which constituted 9,94% of the Company equity capital. The shares in possession attributed 994 084 shares AT the General Shareholders Meeting, which constituted 9,94% of the total votes at the General Meeting.
Currently, Powszechne Towarzystwo Emerytalne PZU S.A. is in the possession of 991 742 shares, which constitutes 11,02% of the equity capital, and translates into 991 742 votes attributing 11,02% stake in the general number of votes at the General Shareholders Meeting of KRAKCHEMIA S.A.
Art.70 item 1 of the bill of 29.07.2005 on public offer and the conditions of introducing financial instruments into the organized trading system and on public companies.
3.12.2013
CURRENT REPORT No. 26/2013 OF 13.12.2013
CHANGE OF THE STAKE IN THE OVERALL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on the day of 13.12.2013, a notification dated as on 13.12.2013 was received in the mode of the Art. 69 para.1 item 1 and Art. 87 para. 1 item 5 and para. 4 of the Bill of 29 July 2005 on the public offer and the conditions of introducing the financial instruments into the organised system of trading and on public companies, in relation with the entry on 10 December 2013 by the Regional Court of Kraków– Śródmieście in Kraków XI Wydział Gospodarczy Krajowego Rejestru Sądowego (Economic Department of the National Court Registry) concerning the lowering of the Company equity capital through the redemption of 1.000.000 ordinary A and B series a vista shares of the face value of 1,00 PLN each, carried out as a voluntary redemption. At the same time, Alma Market SA and Jerzy Mazgaj` s stake in the overall number of votes at Krakchemia S.A. General Shareholders Meeting increased.
Before the change of stake, ALMA and the Chairman of ALMA Board, Mr. Jerzy Mazgaj, possessed 4 631 304 of Company shares, which constituted 46,31% of the Company equity capital. The shares in possession attributed 4 631 604 votes at the General Shareholders Meeting, which constituted 46,31% of the general number of votes at the General Meeting.
As a result of the above-mentioned lowering of the equity capital of the CompanyALMA and the Chairman of ALMA Board, Mr. Jerzy Mazgaj, are in the possession of 4 631 304 shares, which constitutes 51,46% of the equity capital, and which attributes 4 631 304 shares and constitutes 51,46% of the stake in the overall number at the General Shareholders Meeting of KRAKCHEMIA S.A.
Art.70 item. 1 of the bill of 29.07.2005 on public offer and conditions of introducing the financial instruments to the organised trading system and on public companies.
13.12.2013
CURRENT REPORT No. 25/2013 OF 13.12.2013
CHANGE OF STAKE IN THE OVERALL NUMBER OF VOTES
KRAKCHEMIA S.A. Board („The Company”) informs that on 13.12.2013, a notification dated on 13.12.2013 was received in the mode of Art. 69 para. 1 item 1) and Art. 87 para. 1 item. 2) letter a) of the Bill of 29 July 2005 on public offer and the conditions of introducing the financial instruments into an organised trading system and on public companies. The notification was received from Towarzystwo Funduszy Inwestycyjnych (Investment Funds Association) PZU SA („TFI PZU SA”) with a seat in Warszawa, acting on behalf of and in favour of investment funds managed thereby: PZU Fundusz Inwestycyjny Otwarty Parasolowy and PZU Fundusz Inwestycyjny Zamknięty Akcji. It is announced that following the reduction of KRAKCHEMIA S.A. equity capital as a result of redeeming 1.000.000 of the Company shares, as on 10 December 2013, the stake of TFI PZU Funds in the total number of votes at the Company general meeting exceeded the threshold of 5%.
Before the change of stake, TFI PZU SA Funds possessed 451 823 of Company shares, which constituted 4,5182% of the Company equity capital. The shares in possession attributed 451 823 votes at the General Shareholders Meeting, which constituted 4,5182% of the general number of votes at the General Meeting.
As a result of the above-mentioned lowering of the equity capital of the Company, TFI PZU Funds are in the possession of 451 823 shares, which constitutes 5,0203% of the equity capital, and which attributes 451 823 shares and constitutes 5,0203% of the stake in the overall number at the General Shareholders Meeting of KRAKCHEMIA S.A.
Art.70 item. 1 of the bill of 29.07.2005 on public offer and conditions of introducing the financial instruments into the organised system of trading and on public companies.
11.12.2013
CURRENT REPORT No 24/2013 OF 11.12.2013
Redemption of the Company Shares. Lowering the equity capital of the Company in connection with the redemption of shares. Change in the Company Articles. Uniform wording of the Company Articles.
KRAKCHEMIA S.A. Board informs that on December 10, 2013 the Company received a notification informing on the registration by the Registry Court of lowering Krakchemia S.A. equity capital, which resulted from the redemption of the Company shares and on the registration of changes in the Company Articles.
I.
1.000.000 (verbatim : one milion) Company own shares, which were concerned in the resolution No 5 of the Extraordinary Shareholders Meeting of 16.07.2013 on the redemption of shares. The Company Board informed of the redemption of shares in the current report No 18/2013.
The number of votes corresponding to the redeemed shares amounted to 1.000.000 (verbatim : one million). The redemption executed was a voluntary redemption. The amount of remuneration paid out to the shareholders of the redeemed shares amounted to 10.20 PLN (verbatim : ten zloty twenty groszy) per 1 (verbatim : one share). The total amount of remuneration for all the redeemed shares amounted to 10.200.000 PLN (verbatim : ten million two hundred thousand zloty). After the execution of redemption, the equity capital of the issuer amounts to 9.000.000 PLN (verbatim: nine million zloty). The total number of votes at the general meeting after the execution of redemption amounts to 9.000.000 (verbatim : nine million) votes.
II.
Lowering the equity capital, resulting from the shares redemption was registered by the Registry Court on December 10, 2013. Currently, the Company equity capital amounts to 9.000.000 PLN (verbatim : nine million zloty), and the general number of shares resulting from all the shares issued amounts to 9.000.000 (verbatim: nine million).
III.
In relation to the registration of the changes in the Company Articles, one publishes a uniform wording of the Company Articles, determined by the resolution of the Supervisory Board No 2/07/2013 of 18.07.2013, passed on the basis of the authorization granted by the Partners` General Meeting expressed in the resolution number 6 and 7 of the Extraordinary General Shareholders Meeting of July 16, 2013. The uniform wording constitutes the enclosure to this report.
The Company Board informed about introducing the changes in the Company Articles in the current report No 18/2013. The changes concern § 4 para. 1 and 2, § 5 para. 3 item 3.3 of the Articles and adding the new item 2.16 in § 5 para. 2.
§ 4 para. 1 before the change implemented by the resolution of the Extraordinary General Shareholders Meeting of July 16, 2013 had the following wording:
“The Company equity capital amounts to 10 000 000.00 (ten million) PLN and is divided into 10 000 000 (ten million) ordinary a vista shares of the face value of 1 (one) PLN each, including:
- 5 000 000 (five million) A series ordinary a vista shares numbered from 0000001 to 5000000;
- 5 000 000 (five million) B series ordinary a vista shares numbered from 0000001 to 5000000.”
Currently § 4 para. 1 has the following wording:
“The Company equity capital amounts to 9.000.000,00 (nine million) PLN and is divided into 9.000.000 (nine million) ordinary a vista shares of face value of 1 (one) PLN each.”
§ 4 para. 2 before the change implemented by the resolution of the Extraordinary General Shareholders Meeting of July 16, 2013 had the following wording:
“A series ordinary A vista shares were taken over as a result of transforming a limited company into a joint stock company, which is mentioned in § 1 item 4 of the Company Articles through joining the Company by a sole Partner with shares corresponding to all his stakes.”
Currently § 4 para. 2 has the following wording:
„At the establishment of the Company, 5.000.000 (five million) ordinary a vista shares of A series and of face value of 1 (one) PLN each, bearing the numbers from 0000001 to 5000000 were taken over through the conversion of the Limited Company into a joint stock company, which is mentioned in § 1 item 4 of the Company Articles through joining the Company by one Partner with shares corresponding to his entire stake.”
§ 5 para. 3 item 3.3 before the change implemented by the resolution of the Extraordinary General Shareholders Meeting of July 16, 2013 had the following wording:
„General Meeting is opened by the Chairman of the Supervisory Board.”
Currently § 5 para. 3 item 3.3 has the following wording:
“General Meeting is opened by the Chairman of the Supervisory Board or his/her deputy. In the absence of the above-mentioned, the general meeting is opened by the Company Board Chairman or by the person appointed by the Board.”
The item added in § 5 para. 2 item 2.16 is as follows:
„If the Supervisory Board is composed of no more than 5 (five) members, in the scope where the legal regulations stipulate establishing the committee of audit, the tasks of the committee of audit are executed by the entire Supervisory Board.”
The Attachment uniform wording of the Company Articles
Legal basis:
§ 5 para.1 item 9 and item 12 as well as § 38 para. 1 item 2 letter b) of the Minister of Finance Regulation of February 2009 on current and periodical information published by the securities` issuers and on the conditions of regarding as equivalent of the information required by the laws of a non-member state (Dz. U. 2009, Nr 33, poz. 259, the Journal of Laws 2009, No 33, item 259) in connection with Art 56 para. 1 item 2) letter a) of the Bill of July 29, 2005 on the public offer and the conditions of introducing financial instruments into the organised public trading and on public companies (Dz. U. 2005, Nr 184, poz. 1539, z późn.zm., the Journal of Laws 2005, No 184, item 1539 with later changes)
26.08.2013
CURRENT REPORT No 23/2013 of August 26, 2013
PROLONGATION OF PKO BP S.A. BANK GUARANTEE
KRAKCHEMIA S.A. Board informs that on August 26, 2013 Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna with a seat in Warsaw, acting upon the Company`s commission, granted a new irrevocable and unconditional guarantee of payment execution up to the amount of 22 000 thousand PLN (verbatim: twenty two million PLN) in favour of Basell Orlen Polyolefins Sprzedaż Sp. z o.o with a seat in Płock (Guarantee Beneficiary) by virtue of trade liabilities resulting from the Contract of non-exclusive distribution concluded on March 27, 2012 among Basell Sales & Marketing Company B.V., Basell Orlen Polyolefins Sprzedaż Sp. z o.o. and KRAKCHEMIA S.A. The guarantee is a continuation of previously granted guarantee, of which the Board informed with a report No. 5/2013 of April 5, 2013.
Collateral for the guarantee was settled in the credit agreement with PKO BP S.A. published in the report No. 19/2010. The guarantee is valid from October 13,2013 until February 28, 2014. The guarantee in question is transferrable i.e. the Beneficiary`s rights by virtue of the guarantee in question may be transferred upon prior Bank agreement.
Legal basis : § 5 sec. 1 item 3 of the Minister of Finance regulation on the current and periodical information published by the securities issuers and the circumstances of regarding as equivalent of the information required by the legal acts of a non-member state (Dz. U. z 2009 r. Nr 33 poz. 259 – The Journal of Law of 2009, No 33 item 259).
5.08.2013
CURRENT REPORT No 22/2013 OF AUGUST 5, 2013
SIGNING THE ANNEX TO THE CREDIT AGREEMENT WITH BRE BANK S.A.
KRAKCHEMIA S.A. Board informs that on August 5, 2013 the annex to the credit agreement of March 2, 2004 concluded with BRE Bank Spółka Akcyjna with the seat in Warszawa (Warsaw) has been signed. The annex extends the payment of credit amounting to 5 000 thousand PLN until August 29, 2014.
The period of paying off the credit and the period of calculation by the bank of a base WIBOR O/N rate undergo a change. The safeguarding of the credit has not been changed and is formed by own blank bill, the cession of receivables from the group of selected contractors, registered pledge on the warehousing supplies, the cession of receivables by virtue of circulating assets insurance constituting the object of the insurance. The credit bears an interest on the basis of a variable WIBOR O/N rate, increased by the bank`s margin. The purpose of the credit – current financing of the Company activity. The value of established safeguarding of the credit exceeds the equivalent of 1 million euro.
Legal basis: § 5 para 1 point 1 of the Minister of Finance Regulation on current and periodical information published by the issuers of securities and on the terms of regarding as equivalent of information required by the laws of non-member states (Dz. U. z 2009 r. Nr 33 poz. 259 – Journal of Laws of 2009, No 33 item 259).
3.07.2013
CURRENT REPORT No 17/2013 of July 3, 2013
CHANGE IN THE STRUCTURE OF GENERAL NUMBER OF VOTES STRUCTURE
KRAKCHEMIA S.A. Board (The Company) informs that on July 3, 2013 a notification dated July 2, 2013 was received in the manner specified in Art. 69 para 2 item 1 letter a in connection with Art 87. Para 1 item 5 and item 4 of the Bill of July 29, 2005 on the Public Offering and the Conditions of Introducing Financial Instruments into the Organized System of Trading and on Public Companies. The issuer of the notification was ALMA MARKET S.A. (“ALMA”) with a seat in Kraków, which informs that – following and within the sale transactions of Company shares by ALMA at GPW (the Warsaw Stock Exchange), amounting to the total volume of 254.552 items, the value of which is 1.730.953,60 PLN at an average price of 6,80 PLN per share – ALMA decreased its stake in the total number of votes at the General Shareholders Meeting by more than 2%.
Before the change, ALMA and Chairman of the Board – Mr. Jerzy Mazgaj was in the possession of 4.909.771 Company shares, which constituted 49,10% of the Company share equity. The shares in possession guaranteed 4.909.771 votes at the Company General Meeting, which constituted 49,10% of the total number of votes at the General Meeting.
As a result of the abovementioned transaction, ALMA currently possesses, together with its Chairman of the Board – Mr. Jerzy Mazgaj – 4.655.219 shares in total, which constitutes 46,55% of the share equity, and which gives 4.655.219 votes constituting 46,55% stake in the total number of votes at KRAKCHEMIA S.A. General Shareholders Meeting.
Art. 70 item 1 of the Bill of 29.07.2005 on Public Offering and the Conditions of Introducing Financial Instruments into the Organized System of Trading and on Public Companies.
CURRENT REPORT No. 16/2013 of June 20, 2013
SUMMONING THE EXTRAORDINARY GENERAL SHAREHOLDERS MEETING
I.
KRAKCHEMIA Joint Stock Company Board with a seat in Kraków, ul. Pułkownika Dąbka 10, entered to the Commercial Register by the Kraków Śródmieście Regional Court in Kraków, XI Economic Department of the National Court Register (Sąd Rejonowy dla Krakowa – Śródmieścia w Krakowie, XI Wydział Gospodarczy Krajowego Rejestru Sądowego) under NCR number (numer KRS) 0000217348 (referred to thereafter as “Company”) on the basis of art. 399 § 1 and in relation to 4021 § 1 of the Commercial Company Code, convenes herewith an Extraordinary General Meeting on the day of July 16, 2013 at 12:00 o`clock, which is going to take place in the Conference Room of Izba Przemysłowo-Handlowa in Kraków (Chamber of Commerce and Industry), Floriańska Street No.3
II.
The Company Board proposes the following agenda :
1. Opening the General Meeting;
2. Choice of the Chairman of the General Meeting;
3. Stating the validity of summoning the General Meeting as well as its capability to vote resolutions;
4. Passing the resolution of annulling the secret ballot in the matters concerning the choice of the Returning Officers Panel members;
5. Choice of the Returning Officers Panel composition;
6. Presenting and accepting the agenda;
7. Passing the resolution on the Company shares redemption;
8. Passing the resolution on lowering the Company equity capital;
9. Passing the resolution concerning the change in § 4 para. 2, § 5 para. 2 and § 5 para. 3 item 3.3
10. Passing the resolutions concerning the authorization of the Supervisory Board to determine a uniform wording of the Company Articles.
11. Closing the meeting.
Proposed changes in the Company Articles
In accordance with Art. 4022 of CCC, the Company Board informs its Shareholders on the proposed changes in the KRAKCHEMIA SA. Articles:
1. Proposed changed in § 4 para.. 1 of the article in connection with lowering the equity capital:
Hitherto wording of § 4 para.1:
„1. Equity capital amounts to 10.000.000 (ten millions) złoty and is divided into 10.000.000 (ten millions) ordinarz a vista shares of the face value 1 (one) złotyeach, including :
a. 5.000.000 (five millions) ordinarz a vista shares of A series numbered from 0000001 up to 5000000;
b. 5.000.000 (five millions) ordinary a vista shares of B series numbered from 5000001 up to 10000000.”
Proposed new wording of § 4 para. 1:
„1. The Company equity capital amounts to 9.000.000,00 (nine million zloty and is divided into 9.000.000 (nine millions ) ordinary a vista shares of the face value of 1 (one) złoty each.”
2. Proposed changes in § 4 para . 2, § 5 para. 2 and § 5 para. 3 item 3.3. of the Company articles
a)
Hitherto wording of § 4 para. 2:
„2. Ordinary a vista shares of A series were adopted as a result of conversion of a limited company into a joint stock company of which is mentioned in § 1 item 4 of the Articles through joining the Company of a sole Partner with shares corresponding to his/her entire stake
Proposed new wording of § 4 para. 2:
„2. While establishing the Company 5.000.000 (five million) ordinary a vista shares of A serried and face value of 1 (one) złoty each, numbered from 0000001 up to 5000000 were adopted as a result of conversion of a limited company into a joint stock company of which is mentioned in § 1 item 4 of the Articles through joining the Company of a sole Partner with shares corresponding to his/her entire stake.”
b)
In § 5 para. 2 a new item - 2.16 - is added in the following wording:
„If the Supervisory Board is composed of no more than 5 (five) members, within the scope foreseen by the legal regulations, the Auditing Committee tasks are executed by the entire Supervisory Board.”
c)
Hitherto wording of § 5 para. 3 item 3.3.:
„The General Meeting is opened by the Chairman of the Supervisory Board.”
Proposed new wording of § 5 para. 3 item 3.3.
„The General Meeting is opened by the Chairman of the Supervisory Board or his-her deputy. In case of absence of the above-mentioned, the general meeting is opened by the Chairman of Company Board or the person appointed by the Board.”
III.
In reference to Art. 4022 of CCC, the Board publishes information concerning the participation in the General Shareholders Meeting :
1. The shareholders possessing at least 1/20 of the initial capital are entitled to demand the placement of particular matters in the General Shareholders Meeting agenda. The demand should be announced to KRAKCHEMIA S.A. Board no later than 21 days before the appointed date of the meeting i.e. June 25, 2013. The demand should contain justification or the draft of a proposed resolution concerning the agenda item proposed. The demand may be submitted in a written form at the Company seat (Kraków, ul. Płk. Dąbka 10), or in the electronic form and transferred only to the electronic mail address
wza@krakchemia.pl
The shareholder should indicate that he/she is in the possession of the required number of shares as on the date of the demand presentation i.e. he/she should enclose the certificate of shares or the certificate granting the right of participation in the General Meeting together with the demand. In case of legal persons and organisational entities without the legal person status, one needs additionally present the right of acting as a proxy on behalf of this entity through enclosing an up-to-date copy of the appropriate registry for the entity.
In case of shareholders presenting a demand by means of electronic media of communication, the documents should be transferred in the PDF format.
The demand transferred by the shareholders using the electronic communication means in a manner different than through the aforementioned email address, or without meeting the aforementioned requirements, does not have any legal effects with regard to the Company and as such shall not be considered.
2. The shareholders possessing at least 1/20 of the equity capital may present the resolutions drafts concerning the matters introduced to the agenda of the General Meeting or the matters, which are to be introduced to the agenda. The demand is to be presented in the written form at the Company seat (Kraków, ul. Płk. Dąbka 10) or using the electronic communication means (in the manner and at the e-mail address presented in point 1 above).
The drafts of resolutions transferred by the shareholders using the electronic communication means in the manners other than through the email address mentioned above or without meeting the conditions described above, do not have any legal effects with regard to the Company.
3. Each of the shareholders entitled to participate in the General Meeting can introduce drafts of resolutions concerning the matters placed in the agenda during the General Meeting.
The proxy is not obliged to vote by means of the aforementioned form.
At the same time, the Company Board informs that in case where the shareholder appoints a proxy together with an instruction concerning the vote, the Company will not verify if the proxies execute the right in accordance with the instruction, which was granted by the shareholder.
The right of representation in the voting through the proxy should be granted in a written form or in an electronic one. Granting the right of proxy in the electronic manner does not require an authorized digital signature verified by a valid signer`s private key.
The shareholder is obliged to transfer to the Company a note informing of granting the right of proxy in the electronic form at the electronic mail address
wza@krakchemia.pl, not later than by July 12, 2013, 15 o`clock Warsaw Mean Time.
In case of transfer of the note on granting the right of proxy in the electronic manner, the shareholder or the person authorized to take part in the General Meeting, sends, at the afore-mentioned electronic address the following :
1) Scan of the certificate of share concerning the Company stocks or the notification on the right of participation in the General Meeting of the Company,
2) The text or scan of the right of proxy granted, containing the data of the person granting the right or the people acting on his/her behalf in accordance with the rules of proxy representation valid with the person granting the right,
3) Scan of an ID card or passport (including the date permitting identification of the holder) of a proxy being a natural person
4) Scan of a copy from the register pertaining to the proxy being a legal person or an organizational unit without legal personality,
5) Electronic mail address for communication with the shareholder or his/her proxy.
The aforementioned stipulations are applied accordingly, to the notification on withdrawal of the right of proxy in an electronic form.
The notifications transferred by the shareholders in the form other than through the aforementioned electronic mail or without meeting the requirements outlined above, will not cause legal effects with regard to the Company.
The shareholders will be allowed to participate in the General Meeting upon the identity card presentation, and the proxies upon the identity card presentation accompanied by the valid right of proxy granted in the written manner or through an electronic manner (the proxy should present the printout of the right of proxy).
The proxies of legal persons or the organisational units without legal personality are additionally obliged to present an up-to-date copies from respective registers, naming the people authorized to represent the entities.
5. The Company Articles do not stipulate possibility of General Meeting attendance via the use of electronic communication means.
6. The Company Articles do not stipulate possibility of voicing opinions at the General Meeting via the use of electronic communication means
7. The Company Articles do not stipulate possibility of right of vote execution via correspondence nor via the use of electronic communication means during the General Meeting.
8. The date for registration of General Meeting participation is June 30, 2013.
9. The right of participation in KRAKCHEMIA S.A. General Meeting belongs to the people who:
a) As on 16 days before the General Meeting (i.e. June 30, 2013) are the Company shareholders,
b) In the period between the date of publication of this announcement and July 1, 2013 submit to the entity carrying the security account, where the Company shares are inscribed, a demand of issuing a name-bearing certificate on the right of vote in the General Meeting.
KRAKCHEMIA S.A. determines a list of shareholders authorized to participate in the General Meeting on the basis of a list received from the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych).
On the days of July 12,13 and 15, 2013 in the hours from 9 a.m to 3 p.m, at the seat of KRAKCHEMIA S.A (Kraków, ul. Płk. Dąbka 10), a list of shareholders authorized to participate at the General Shareholders Meeting will be presented. A shareholder is entitled to demand the list to be transferred to his electronic email address upon request.
10. People authorized to participate in the General Meeting may obtain the complete documentation text which is to be presented at the General Meeting and the drafts of resolutions at KRAKCHEMIA S.A. seat (Kraków, ul. Płk. Dąbka 10) or at the Company website :
https://www.krakchemia.pl/801/wza-and-offer-wza/2509/en/.
IV.
KRAKCHEMIA S.A. Board is herewith publishing the texts of resolution drafts to be presented at the General Meeting.
Resolution No 1 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting appoints Mr./Ms ______ as the Chairman of the Meeting”
Resolution No 2 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting resolves, acting on the basis of art.420 § 3 of CCC, to annul the secret ballot with regard to the choice of the Returning Officers Panel composition”
Resolution No 3 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting appoints the Returning Officers Panel in the following composition ________________”:
Resolution No 4 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
“KRAKCHEMIA S.A Extraordinary General Shareholders Meeting adopts the agenda presented.”
Resolution No 5 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
„1. Extraordinary General Shareholders Meeting acting upon art. 359 § 2 of CCC and on § 4 para. 5 of the Company articles, redeems a part of Company shares i.e. 1.000.000 (one million) of ordinary a vista shares of the face value of 1,00 (one) złoty each marked with the securities code PLKRKCH00019, ˛which the Company purchased with the shareholders` agreement through the share sale offer directed to the shareholders and announced by the Company in the days from May 16 to May 23, 2013 on the basis and while executing resolution No 24 adopted by the Ordinary General Meeting on April 16, 2013.
2. The decrease resulting from the above-mentioned decrease of the Company equity capital will follow through the change of the Company Articles without meeting the convocation procedure mentioned in art. 456 § 1 of CCC, and in compliance with art. 360 § 2 item 2 of CCC, as the shareholders payment by virtue of the redemption was executed from the amount, which in accordance with z art. 348 § 1 of CCC, could have been destined for sharing out.
3. The redemption of shares follows through lowering of the equity capital by the amount of 1.000.000,00 (one million) złoty corresponding to the total face value of redeemed shares, i.e. from the hitherto amount 10.000.000,00 (ten million) złoty up to the amount of 9.000.000,00 (nine million) złoty.
4. The redemption of shares will follow with the moment of entering into the registry by the regional court of lowered amount of equity capital. Lowering of the equity capital will ensue by virtue of a separate resolution.”
Resolution No 6 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
„Extraordinary General Company Meeting, in connection with adoption by today`s Meeting of resolution No [§] on redemption of the Company shares, resolves to:
1. Lower the Company equity capital from the amount of 10.000.000,00 (ten million) złoty down to 9.000.000,00 (nine million) złoty, i.e. by the amount of 1.000.000,00 (one million) złoty by means of their redemption 1.000.000 of Krakchemia S.A. ordinary a vista shares of the face value of 1,00 (one złoty) each, described in detail in the resolution No [§] of this General Meeting.
2. In connection with item. 1 of this resolution, change para 4 item. 1 of the Company articles in such a way that it obtains the following wording:
„The Company equity capital amounts to 9.000.000,00 (nine millions) PLN and is divided into 9.000.000 (nine millions ) ordinary a vista shares of the face value of 1 (one ) PLN each.”
3. The aim of lowering the equity capital is the execution of a resolution undertaken by this General Company Meeting on redemption of own shares, purchased by the company i.e. matching the value of the Company equity capital with the number of Company shares which will remain after the redemption of 1.000.000 ordinary a vista shares. Lowering the equity capital will follow after the execution of the convocation procedure, mentioned in art. 456 §1 of CCC.
4. Lowering the equity capital ensues with registration by the relevant registry court.”
Resolution No 7 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
„ Extraordinary General Meeting changes the Company Articles in the following way:
a) Paragraph 4 of the Company Articles, item. 2 obtains the following wording :
„ While establishing the Company 5.000.000 (five million) ordinary a vista shares of A serried and face value of 1 (one) złoty each, numbered from 0000001 up to 5000000 were adopted as a result of conversion of a limited company into a joint stock company of which is mentioned in § 1 item 4 of the Articles through joining the Company of a sole Partner with shares corresponding to his/her entire stake.”
b) Paragraph 5 of the Company Articles item 2, a new point - 2.16 – is added in the following wording:
„ If the Supervisory Board is composed of no more than 5 (five) members, within the scope foreseen by the legal regulations, the Auditing Committee tasks are executed by the entire Supervisory Board.”
c) Paragraph 5 of the Company Articles in item 3 pt 3.3. obtains the following wording:
„ The General Meeting is opened by the Chairman of the Supervisory Board or his-her deputy. In case of absence of the above-mentioned, the general meeting is opened by the Chairman of Company Board or the person appointed by the Board.”
Resolution No 8 of KRAKCHEMIA S.A Extraordinary General Shareholders Meeting
„ The Company Extraordinary Shareholders Meeting authorizes the Company Supervisory Board to establish a uniform wording of the Company Articles taking into consideration the changes adopted at the General Meeting on July 16, 2013 ”
KRAKCHEMIA S.A. Board
The Legal Basis: § 38 sec. 1 of the Minister of Finance Regulation of February 19, 2009 concerning the current and periodical information published by the securities issuing entities (Official Journal, Dz. U. Of 2009 No 33 item. 259)
CURRENT REPORT NO 15/ 2013 OF 17.06.2013
SIGNING AN ANNEX TO THE CREDIT AGREEMENT WITH PKO BP SA
KRAKCHEMIA S.A. Board informs that on 17.06.2013 the Company signed an annex No. 3 to the credit agreement concluded on 18.12.2007 with Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna with a seat in Warszawa (The Bank).
The period of credit use, the limit and sublimits of multi-purpose credit, the interest rate of the limit and the credit collaterals undergo a change.
In accordance with the annex No 3. The period of credit limit use is extended till 16.06.2016 .
The multipurpose credit limit is increased by the amount of 10.000 thousand PLN, up to the amount of 55.000 thousand PLN and is composed of the respective sublimits, which cannot exceed::
- trading credit in the current account up to the amount of 33.000 thousand PLN,
- renewable circulating credit limit up to the amount of 29.000 thousand PLN for bank collaterals financing in the domestic trading up to the amount of 27.000.000 PLN and the documentary letters of credit resulting from the executed activity up to the amount of 2.000 thousand PLN.
Total amount of use of respective sublimits must not exceed the multipurpose credit limit in the amount of 55.000 thousand PLN.
The interest on the limits is established on the yearly basis, according to the interest rate equal to the reference rate, increased by the Bank`s margin. The reference rate is WIBOR 1M. The Bank`s margin has undergone a change.
The collaterals for the agreement are : a collateral mortgage in the amount of 4.887 thousand PLN (previously 4.398 thousand PLN), registered pledge on circulating assets (inventories) amounting to 35.000 thousand PLN (previously 20.000 thousand PLN) together with the cession of rights from the insurance contract, current and future liabilities transfer resulting from trade co-operation with chosen contractors in the amount not lower than 15.000 thousand PLN (previously 10.000 thousand PLN ) quarterly, blocking financial means on term deposit account in the amount of 3.000 thousand PLN, the right of proxy to KRAKCHEMIA S.A. current account managed by BRE BANK S.A. Oddział in Kraków, deduction clause from current accounts of the creditee managed by PKO BP SA Oddział 6 in Kraków.
Legal basis:
§ 5 para. 1 item 1 of the Minister of Finance Regulation on current and periodical information transferred by securities` issuers and on the conditions of regarding as equivalent of the information required by the regulations of a non-member state (Dz. U. z 2009 r. Nr 33 poz. 259, Journal of Laws of 2009, No 33, item 259).
10.06.2013
Current Report No NR 14/2013 of 10.06.2013
INFORMATION ON SALE OF COMPANY SHARES BY A MEMBER OF THE SUPERVISORY BOARD
KRAKCHEMIA S.A. Board (The Company) informs that on 10.06.2013 a notification dated 05.06.2013 was received in the mode of art. 160 para .1 of the bill of 29.07.2005 r. on financial instruments trading. The notification informs on the sale Company ordinary shares by Mr. Jerzy Mazgaj, filling the post of the Chairman of KRKCHEMIA S.A Supervisory Board.
According to the notification, Mr. Jerzy Mazgaj concluded on 29.05.2013 the transaction of the sale of 53.658 shares the value of which amounts to 547.311,60 PLN with the average price per one share amounting to 10,20 PLN.
The sale transaction was concluded in response to the Company sale offer concerning the sale of its shares directed to all its shareholders and conducted via Dom Maklerski Banku Ochrony Środowiska SA in Warsaw (POK in Kraków). The Company informed about the Company shares sale offer directed to its all shareholders in the current report No 10/2013.
Legal basis : art 160 para 1 of the bill of 29.07.2005 on financial instruments trading.
6.06.2013 CURENT REPORT NO 13/2013 OF 6.06.2013
CHANGE IN THE STAKES IN THE GENERAL NUMBER OF VOTES
KRAKCHEMIA S.A. Board (hence forth „the Company”) informs that on 6.06.2013 a notification was received from ALMA MARKET S.A. with the seat in Kraków (hence forth „ALMA”), dated 4.06.2013, submitted in the mode of art. 69 para. 1 item 2 in relation to art. 87 para.1 item.5) and para. 4 of the Bill of July 29, 2005 on public offer and on conditions of introducing financial instruments into the organised trading system and on public companies. The notification informs of the sale by ALMA and its Chairman of the Board, Mr. Jerzy Mazgaj, of the total number of 590.229 shares, the value of which amounts to 6.020.335,80 PLN i.e. to an average price per 1 share amounting to 10,20 PLN. The sale of the shares was executed on 29.05.2013.
The sale agreement was concluded in response to the Company offer on the sale of its shares directed to all shareholders.
The above-mentioned sale of Company shares by ALMA and the Chairman of ALMA Board, Mr. Jerzy Mazgaj, resulted in the change (decrease) of their participation in the total number of votes at KRAKCHEMIA S.A. General Shareholders Meeting by over 1 %.
Before the decrease of the stake of which we inform above, ALMA and the Chairman of ALMA Board, Mr. Jerzy Mazgaj, possessed the total of 5.500.000 shares constituting 55, 00% of the Company equity capital, which translated into 5.500.000 votes and constituted 55, 00% stake in the overall number of votes at KRAKCHEMIA S.A. General Shareholders Meeting.
After the decrease of the stake of which we inform above, ALMA and the Chairman of ALMA Board, Mr. Jerzy Mazgaj possess the total of 4.909.771 shares constituting 49,10% of the Company equity capital, which translates into 4.909.771 votes and constitutes 49,10% stake in the overall number of votes at KRAKCHEMIA S.A. General Shareholders Meeting.
The Company informed on the results of the Company shares sale offer directed to all its shareholders in the current report 11/2013, in accordance with which the Company purchased 1,000,000 own shares, which constitutes 10 % of purchased shares stake in the equity capital and 10 % of the overall number of votes in the Company general meeting. The company does not execute the rights attached to own shares in accordance with art. 364 para 2 of CCC.
Legal basis : art.70 item 1 of the bill of 29.07.2005 on public offer and on conditions of introducing financial instruments into the organised trading system and on public companies.
3.06.2013
CURRENT REPORT No 12/2013 of June 3, 2013
SIGNING THE ANNEX TO THE CREDIT AGREEMENT WITH BANK ZACHODNI WBK S.A.
KRAKCHEMIA S.A. Board informs that on June 3, 2013 the annex to the credit agreement concluded with BANK ZACHODNI WBK S.A. with seat in Wrocław - Bank (before Kredyt Bank Spółka Akcyjna) has been signed. The annex increases the amount of credit from 12 m PLN to 17 m PLN.
The safeguarding and period of the credit has not been changed and is formed by: own blank bill, cession of receivables from a group of selected Contractors, transfer of receivables from the trade receivables insurance policy issued by TU Euler Hermes S.A. (within the scope of contractors encompassed by the receivables transfer in favour of the Bank).
The credit bears interest in the amount of the changing level of WIBOR O/N rate, increased by the bank`s margin.
The purpose of the credit is the current financing of the Company activity.
The criterion of considering the contract as considerable is the amount of contract subject exceeding 10 % of KRAKCHEMIA S.A. equity capital.
Legal basis : § 5 ust. 1 pkt 3 of the Minister of Finance regulation on the current and periodical information published by the securities issuers and the circumstances of regarding as equivalent of the information required by the legal acts of a non-member state (Dz. U. z 2009 r. Nr 33 poz. 259 – The Journal of Law of 2009, No 33 item 259).
CURRENT REPORT No 11/2013 of 29.05.2013
INFORMATION ON THE PURCHASE OF THE ISSUER`S OWN SHARES – EXECUTION OF SHARE PURCHASE OFFER
Krakchemia S.A. Board (“The Company”) informs that on May 29, 2013 the Company purchased 1.000.000 (verbatim : one million) dematerialised ordinary a vista shares, issued by the Company, of the face value of 1.00 PLN (verbatim : one PLN) each, on the basis of the resolution No 24, of the Ordinary General Shareholders Meeting of April 16, 2013. The purchase was executed outside the regulated market, through Dom Maklerski Banku Ochrony Środowiska S.A. as a result of the Offer of Krakchemia S.A. shares purchase directed by the Company to all its shareholders on May 13, 2013 (Current report No 10/2013 of May 13, 2013).
Shares were purchased with the aim of their redemption.
The purchase price of the shares amounted to 10,20 PLN (verbatim : ten PLN twenty groszes) for each share. The total amount of payment for the purchased shares amounted to 10.200.000,00 PLN (verbatim : ten million two hundred thousand PLN),
The total number of shares registered by the shareholders for sale amounts to 9.318.446 ( nine million three hundred and eighteen thousand four hundred and forty six).
The reduction rate amounts to 89,2686%.
The company purchased 1.000.000 shares of face value amounting to 1 PLN per share, which constitutes 10 % stake of the purchased shares in the equity capital and corresponds to 1.000.000 votes in the General Meeting of the Company (which constitutes 10 % of the general number of votes).
Legal basis : § 5 para 1 of the Minister of Finance Regulation of February 19, 2009 on current and periodical information transferred by security issuers and the conditions of regarding as equivalent the information required by the legal regulations of a non-member state (Dz. U. z 2009 r. Nr 33 poz. 259 ze zm. – Journal of Laws of 2009, No 33, item 159 with later changes).
Art. 56 para. 1 item 2) of the Bill on public offer and conditions of introducing financial instruments into the organised trading system and on public companies.
CURRENT REPORT No 10/2013 of 13.05.2013
REPORT ON OWN SHARES PURCHASE
KRAKCHEMIA S.A. Board with a seat in Kraków, under the address ul. Pułkownika Dąbka 10, listed in the company registry by Sąd Rejonowy dla Krakowa– Śródmieścia w Krakowie, XI Wydział Gospodarczy Krajowego Rejestru Sądowego (Regional Court for Kraków- Śródmieście, XI Economic Department of the National Court Registry) under KRS number: 0000217348 (henceforth called „the Company”), informs, that acting upon the Resolution No 24 of the Ordinary General Shareholders Meeting of April 16, 2013 resolved as follows:
1. The Company Board resolves to purchase own shares;
2.The purchase will have the shares` redemption as its aim;
3.The purchase of shares will commence on May 16, 2013 ;
4.The purchase will ensue in accordance with the stipulations of the Polish Law, laws of the European Union as well as with the principles described in Resolution No. 24 of the Ordinary General Shareholders Meeting of April 16, 2013;
5.Total number of tradable shares will not exceed 1.000.000 (one million) shares, which constitutes 10% of all Company shares, of the face value 1,00 (one) złoty each;
6.The amount of finance destined for own shares purchase will not exceed 10.200.000,00 (ten million two hundred thousand) złoty;
7.The share purchase will be executed until depletion of finance destined for their purchase, no longer than until May 23, 2013
8.The Purchase price will amount to 10,20 złoty (ten złoty 20/100) per each share;
9.The shares will be purchased through Dom Maklerski Banku Ochrony Środowiska SA w Warszawie (Bank Ochrony Środowiska Brokerage House) on the basis of a concluded contrach and granted proxy right.
Own Shares Purchase Offer constitutes an enclosure to this report.
Legal basis :
Art.56 para.1 item 1, Law about the public offer and conditions of introducing financial instruments into organized turnover system and about the public companies, of July 29th, 2005
Enclosure - the purchase offer for own shares
CURRENT REPORT No. 9/2012 of April 18, 2013
THE LIST OF SHAREHOLDERS POSSESSING AT LEAST 5% OF VOTES AT THE ORDINARY GENERAL MEETING KRAKCHEMIA S.A. OF APRIL 18, 2013.
KRAKCHEMIA S.A. Board announces the list of shareholders possessing at least 5% of votes at The Ordinary General Meeting KRAKCHEMIA S.A. of April 16, 2013:
1. ALMA MARKET S.A. with seat in Kraków – possessing 5 000 000 votes, represented 72,51% of votes at the OGSM and 50% of the overall number of votes.
2. Otwarty Fundusz Emerytalny PZU „Złota Jesień” with seat in Warszawa – possessing 997 198 votes, represented 14,46% of votes at the OGSM and 9,97% of the overall number of votes.
3. Jerzy Mazgaj - possessing 500 000 votes, represented 7,25% of votes at the OGSM and 5% of the overall number of votes.
Legal basis: Article 70, point 3, Law about the public offer and conditions of introducing financial instruments into organized turnover system and about the public companies, of July 29th, 2005
17.04.2013
CURRENT REPORT No. 8/2013 OF APRIL 17, 2013
APPOINTING KRAKCHEMIA S.A. SUPERVISORY BOARD FOR A NEW TERM.
KRAKCHEMIA S.A. Board informs that KRAKCHEMIA S.A. Ordinary Sharholders Meeting of April 16, 2013 appointed the Supervisory Board of the Company for a new term. KRAKCHEMIA S.A. Supervisory Board is composed of 5 members in the following composition :
Ms. Barbara Mazgaj
Mr. Jerzy Mazgaj
Mr. Mariusz Wojdon
Mr. Kazimierz Sowa
Mr. Marian Janicki
Barbara Mazgaj
Since August 1999 she is a member of the Supervisory Board of ALMA MARKET S.A. and from May 2004 to July 2011 held the position of the Chairman of the Board. Since July 2011 holds the position of Vice Chairman of the Supervisory Board. Currently she works for the Paradise Group Sp. z o.o. where is responsible for marketing. Paradise Group Sp. z o.o. distributes the luxurious goods and is a partner and representative in Poland of companies: Ermenegildo ZEGNA, Burberry, Armani, Church, JM Weston, Hugo BOSS, KENZO.
For over 18 years, along with her husband she has been involved in merchandise activities. From May 2004 until April 2007 she held the position of the Vice Chairman of the Supervisory Board of Krakchemia S.A. Since June 2010 holds the position of the Vice Chairman of the Supervisory Board of Krakchemia S.A.
Has a Master's Degree. Graduated from Agricultural University in Krakow.
Ms. Barbara Mazgaj does not carry out an activity that is competitive in relation to the activity performed in the Issuer`s company, neither is she a member of a competitive company as an associate of a joint stock company, partnership nor as a member of limited company body, nor any other competitive legal person in the function of a member of its body. She is not inscribed in the Insolvent Debtors` Register (Rejestr Dłużników Niewypłacalnych) administered on the basis of the Bill on KRS (National Court Registry).
Jerzy Mazgaj
Chairman of ALMA MARKET SA Boardand its major shareholder. He graduated from German philology at the Jagiellonian University in Kraków. Since May 1999 holds the position of the Chairperson of the Board of Directors of ALMA MARKET S.A. He also holds important positions in the subsidiary companies of ALMA MARKET S.A.: Chairperson of the Supervisory Board of Krakchemia SA, Chairperson of the Board of Directors of: ALMA Development Sp. z o.o., Krakowski Kredens Tradycja Galicyjska S.A., AM1 Sp. z o.o. and AM2 Sp. z o.o. Since 2nd July 2008 holds the position of the Chairperson of the Supervisory Board of Vistula Group S.A. From 26th November 2008 he is the Chairman of the Supervisory Board DCG SA with its seat in Warsaw, which is a subsidiary of Vistula Group SA.
Jerzy Mazgaj is the main shareholder of Premium Cigars Sp. z o.o., company which is the sole representative for all brands of Cuban cigars in Poland. He is a member of: Rotary Club, Krakowska Kongregacja Kupiecka (Krakow’s Merchant’s Congregation), Izba Przemysłowo – Handlowa w Krakowie (Chamber of Industry and Commerce in Krakow), Stowarzyszenie Przedsiębiorców Miasta Krakowa (Association of Entrepreneurs of the City of Krakow) and Polski Klub Koneserów (Polish Connoisseurs’ Club).
Mr. Jerzy Mazgaj does not carry out an activity that is competitive in relation to the activity performed in the Issuer`s company, neither is he a member of a competitive company as an associate of a joint stock company, partnership nor as a member of limited company body, nor any other competitive legal person in the function of a member of its body. He is not inscribed in the Insolvent Debtors` Register (Rejestr Dłużników Niewypłacalnych) administered on the basis of the Bill on KRS (National Court Registry).
Mariusz Wojdon
He works for ALMA MARKET S.A. since February 1994. In 1998 he was appointed CFO of the Company, which he held until 2010. In May 1999 he became a member of the Board of ALMA MARKET SA and since 2001 he has served as Vice President. In January 2009 he became the Managing Director of the Company. Since July 2011 holds the position of the Vice Chairperson of the Supervisory Board of Krakowski Kredens Tradycja Galicyjska S.A.
Previously, from 1993 to 1994 he worked for bank PKO BP in Chrzanów. Currently, he is also member of the Supervisory Board of Krakchemia S.A. and a member of the Board of Auditors in Stowarzyszenie Emitentów Giełdowych (The Association of the Stock Exchange Issuers).
He has an Engineer’s Master Degree from Cracow University of Technology, CETT and ACCA Diploma in Accountancy and Finance Managing, Diploma of Studium Zarządzania Przemysłowego (Postgraduate College of Industrial Managing), accomplished postgraduate studies in European Standards of accountancy and finance from Warsaw School of Economics.
Mr. Mariusz Wojdon does not carry out an activity that is competitive in relation to the activity performed in the Issuer`s company, neither is he a member of a competitive company as an associate of a joint stock company, partnership nor as a member of limited company body, nor any other competitive legal person in the function of a member of its body. He is not inscribed in the Insolvent Debtors` Register (Rejestr Dłużników Niewypłacalnych) administered on the basis of the Bill on KRS (National Court Registry).
Kazimierz Sowa
A graduate of theology at Papieska Akademia Teologiczna (Papal Academy of Theology), of journalism at Uniwersystet Warszawski (Warsaw University) and of management at Wyższa Szkoła Biznesu National Louis University in Nowy Sącz. A journalist and publicist, regular commentator in TVN24 and author of numerous articles in leading weeklies of opinion. In the recent years, expert on ethics in business and co-author of approximately ten programmes on the theme. Currently, Mr. Sowa fills the post of chief editor of religia.tv TV channel. He gained his professional expertise within the area of company management and public relations comprising among others external and internal communication, as well as marketing and advertisement through filling a series of functions on the managerial posts in such media institutions as Radio Plus covering entire Poland, Telewizja Religia Sp.z o.o. or various foundations.
Mr. Kazimierz Sowadoes not carry out an activity that is competitive in relation to the activity performed in the Issuer`s company, neither is he a member of a competitive company as an associate of a joint stock company, partnership nor as a member of limited company body, nor any other competitive legal person in the function of a member of its body. He is not inscribed in the Insolvent Debtors` Register (Rejestr Dłużników Niewypłacalnych) administered on the basis of the Bill on KRS (National Court Registry).
Marian Janicki
Mr. Janicki is a graduate of Akademia Górniczo-Hutnicza (Academy of Mining and Metallurgy), Inżyniera Materiałowa I Ceramika (Material Engineering and Ceramics faculty). In years 1981-1987, he gained his professional expertise at Akademia Górniczo-Hutnicza, transportation department. In years 1987-2005, he started his professional career in Biuro Ochrony Rządu (Government Protection Bureau) within the area of transportation and logistics. In 2005, he was appointed a General commanding a Brigade From 2007 until 2013, he filled the post of the post of the head of Biuro Ochrony Rządu. In, 2011 he was promoted to the General of Division. He is a member of Internaional Police Association. Mr. Janicki is in possession of certificates issued by Agencja Bezpieczeństwa Wewnętrznego (Internal Security Agency) authorizing him to govern the units of classified information protection and to access classified information.
Mr. Marian Janicki does not carry out an activity that is competitive in relation to the activity performed in the Issuer`s company, neither is he a member of a competitive company as an associate of a joint stock company, partnership nor as a member of limited company body, nor any other competitive legal person in the function of a member of its body. He is not inscribed in the Insolvent Debtors` Register (Rejestr Dłużników Niewypłacalnych) administered on the basis of the Bill on KRS (National Court Registry).
Legal basis.
§ 5 para 1. Item 22 of the Minister of Finance Regulation concerning current and periodical information Publisher by securities issuers and the conditions of regarding as equivalent of the information required by the non-member states regulations
(Dz. U. z 2009 r. Nr 33 poz. 259 with later amendments – Journal of Laws of 2009 No. 33. Item 259)
CURRENT REPORT No 7/2013 of April 17, 2013
LISTING OF RESOLUTIONS PASSED AT KRAKCHEMIA S.A. ORDINARY GENERAL SHAREHOLDERS MEETING OF APRIL 16, 2013
KRAKCHEMIA S.A. Board informs that Krakchemia S.A. Ordinary General Shareholders Meeting of April 16, 2013 passed the following resolutions :
Resolution No 1 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints Mr Tomasz Świerczyński as the Chairperson of the Meeting”.
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.049 of votes “in favour”, 0 votes “against” 100 votes “abstain”.
Resolution No 2 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves, acting on the basis of art.420 § 3 of CCC, to annul the secret ballot with regard to the choice of the Returning Officers Panel composition”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 3 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints the Returning Officers Panel in the following composition :
- Sebastian Dulewicz,
- Włodzimierz Oprzędek,
- Andrzej Zdebski.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 4 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting adopts the agenda presented.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 5 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the financial report for the financial year 2012, which is composed of:
1. the financial situation statement compiled for the 31st of December, 2012, which on the asset and the liabilities with own equity side amounts to 177 417 604,19 PLN;
2. total income statement for the period from 1st of January until 31st December 2012, presenting a net profit from total income amounting to 10 801 791,71 PLN.
3. the financial flow account for the accounting year from 1st January until 31st December 2012, presenting a decrease of cash and credit in the current account by 27 469 870,09 PLN.
4. own equity changes for the financial year from 1st January until 31st December 2012 presenting an increase in own capital by the amount of 7 301 791,71 PLN.
5. additional informationupon accounting rules adopted and other explanations for the accounting year from 1st January until 31st December 2012”.
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 6 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the Board report on the Company activity for the accounting year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 7 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the Supervisory Board report on the review of: the Company financial statement and the Board report on the Company activity for the accounting year 2012 and the Company Board motion regarding the use of profit for the accounting year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 8 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Andrzej Zdebski a vote of approval on the fulfilment of duties as the Chairman of the Company Board in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 9 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Włodzimierz Oprzędek a vote of approval on the fulfilment of duties as the Deputy Chairman of the Company Board in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 10 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Jerzy Mazgaj a vote of approval on the fulfilment of duties as the Chairman of the Supervisory Board in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.395.149, with the percentage stake of the shares in the initial equity amounted to 63,95%. For the adoption of the resolution were : 6.395.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 11 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms. Barbara Mazgaj a vote of approval on the fulfilment of duties as the Deputy Chairwoman of the Supervisory Board in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 12 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms. Ilona Malik a vote of approval on the fulfilment of duties as the Supervisory Board Secretary in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 13 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Mariusz Wojdon a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 14 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Marek Kłuciński a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 15 in the wording :
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Elżbieta Wyrobiec a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the financial year 2012.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 16 in the wording :
“KRAKCHEMIA S.A. General Shareholders Meeting resolves to devote the entire net profit for the accounting year 2012 amounting to 10 238 258,79 PLN to the reserve equity of the Company.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 17 in the wording :
“KRAKCHEMIA S.A General Shareholders Meeting determines that the number of the Supervisory Board members in the new term of office will amount to 5 people.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 5.500.100 of votes “in favour”, 0 votes “against” 1.395.049 votes “abstain”.
Resolution No 18 in the wording :
“KRAKCHEMIA S.A General Shareholders Meeting appoints Ms Barbara Mazgaj as a member of the Supervisory Board.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 19 in the wording :
“KRAKCHEMIA S.A General Shareholders Meeting appoints Mr Jerzy Mazgaj as a member of the Supervisory Board.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 20 in the wording :
“KRAKCHEMIA S.A General Shareholders Meeting appoints Mr Mariusz Wojdon as a member of the Supervisory Board.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 21 in the wording :
“KRAKCHEMIA S.A General Shareholders Meeting appoints Mr Marian Janicki as a member of the Supervisory Board.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 5.500.100 of votes “in favour”, 0 votes “against” 1.395.049 votes “abstain”.
Resolution No 22 in the wording :
“KRAKCHEMIA S.A General Shareholders Meeting appoints Mr Kazimierz Sowa as a member of the Supervisory Board.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 5.500.100 of votes “in favour”, 0 votes “against” 1.395.049 votes “abstain”.
Resolution No 23 in the wording :
„ KRAKCHEMIA S.A. Ordinary General Shareholders Meeting resolves to implement the amendment in the project of the resolution concerning the authorization of the Company Board to purchase the Company own shares through crossing out in item 2 of the resolution the letter d) in the wording “d) one does not exclude purchasing the shares in the packet transactions.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Resolution No 24 in the wording :
“KRAKCHEMIA S.A General Shareholders Meeting, acting on the basis of Art. 362 § 1 point 8) of the Commercial Companies Code, adopts the following:
1. KRAKCHEMIA S.A General Shareholders Meeting, acting on the basis of Art. 362 § 1 point 8) of the Commercial Companies Code, authorizes the Management Board to acquire own shares of the Company listed on the key market of the Giełda Papierów Wartościowych S.A. in Warsaw (hereinafter: the “GPW”), for the purpose of redemption.
2. The Company will acquire the fully paid-up shares for the purpose of redemption in accordance with the following terms:
a. Total number of the shares acquired for the purpose of redemption shall not exceed 1.000.010 (one million ten) shares of the nominal value of 1 PLN each.
b. Total price paid for the acquired shares shall not be less than 1 PLN (one zloty) per 1 (one) share, whereas total price paid for the acquired shares shall not exceed 10.200.102 (ten million two hundred thousand one hundred and two PLN) PLN i.e. 10.20 PLN (ten zloty twenty groszy per share.
c. Authorization granted to the Management Board to acquire own shares for the purpose of redemption shall cover the period starting from the day following the adoption of the resolution until December 31, 2013 however not longer that until exhaustion of the means designated for acquisition.
d. Shares acquisition through public summons shall not be excluded.
e. It is admissible to purchase the shares through the offers directed to all the Company shareholders.
f. Own shares acquisition can be financed from the amount which can be designated for distribution due to Art. 348 of the CCC, at the Management Board’s discretion; the Management Board shall be entitled to decide that the own shares acquisition for the purposes of redemption can be financed from other sources,
3. With respect to the Company’s interest, upon the receipt of an opinion of the Supervisory Board, the Management Board can:
a. Cease shares acquisition before December 31,2013 or before exhaustion of the means designated for acquisition.
b. Resign from acquisition if part or in full.
4. The General Assembly obliges and authorizes the Management Board of the Company to undertake all factual and legal actions necessary to acquire own shares of the Company for the purpose of redemption in accordance with Sec. 1 and 2 of this resolution, including conclusion of contracts with brokerage offices regarding acquisition of shares by means of transactions within or beyond stock market. The Management Board shall be authorized to determine other terms of shares acquisition within the scope not regulated in Sec. 1 of this resolution.
5. After termination of the process of own shares acquisition for the purpose of their redemption, following implementation of the provisions of this resolution, the Management Board shall immediately, but not later within 4 month from this date, convene the General Assembly in order to adopt resolutions regarding redemption of the shares and decrease of the Company’s share capital.
6. General Meeting resolves on creation of the reserve equity in the amount of 10.200.102 PLN (ten million two hundred thousand one hundred and two PLN )destined for purchasing the Company`s own shares. The above-mentioned reserve equity will be formed as a result of transfer into the equity of the amount of 10.200.102 PLN (ten million two hundred thousand one hundred and two PLN) coming from the Company reserve equity, arising from the profit executed by the Company in the previous years.
7. The resolution is valid from the day it was passed onwards.”
Total number of shares represented at the Ordinary General Meeting, of which valid shares` votes amounted to 6.895.149, with the percentage stake of the shares in the initial equity amounted to 68,95%. For the adoption of the resolution were : 6.895.149 of votes “in favour”, 0 votes “against” 0 votes “abstain”.
Legal basis:
§ 38 ust. 1 pkt 7 of the Minister of Finance Regulation on the current and periodical information transferred by the securities` issuers and on the conditions of regarding as equivalent of the information required by the laws of non-member states (Bill of Laws of 2009, No 33 item 259 with later changes - Dz. U. z 2009 r. Nr 33 poz. 259 wraz z późniejszymi zmianami).
CURRENT REPORT No. 6/2013 OF APRIL 16, 2013
THE COMPANY BOARD`S DECISION ON CHANGING THE PROJECT OF A RESOLUTION FOR KRAKCHEMIA S.A ORDINARY SHAREHOLDERS MEETING CONVENING ON APRIL 16, 2013 REGARDING AUTHORIZING THE COMPANY BOARD TO PURCHASE THE COMPANY`S OWN SHARES QUOTED ON THE PRIMARY MARKET OF WARSAW GPW (STOCK EXCHANGE) WITH THE AIM OF THEIR REDEMPTION.
The Board of Krakchemia S.A., with the seat in Kraków, resolved to make more specific the project of the resolution regarding authorizing the Company Board to purchase the Company`s own shares quoted on the primary market of Warsaw GPW (Stock Exchange) with the aim of their redemption.
The Company Board presents a uniform wording of the altered project of the resolution as follows:
Resolution No __ of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A General Shareholders Meeting, acting on the basis of Art. 362 § 1 point 8) of the Commercial Companies Code, adopts the following:
1. KRAKCHEMIA S.A General Shareholders Meeting, acting on the basis of Art. 362 § 1 point 8) of the Commercial Companies Code, authorizes the Management Board to acquire own shares of the Company listed on the key market of the Giełda Papierów Wartościowych S.A. in Warsaw (hereinafter: the “GPW”), for the purpose of redemption.
2. The Company will acquire the fully paid-up shares for the purpose of redemption in accordance with the following terms:
a. Total number of the shares acquired for the purpose of redemption shall not exceed 1.000.010 (one million ten) shares of the nominal value of 1 PLN each.
b. Total price paid for the acquired shares shall not be less than 1 PLN (one zloty) per 1 (one) share, whereas total price paid for the acquired shares shall not exceed 10.200.102 (ten million two hundred thousand one hundred and two PLN) PLN i.e. 10.20 PLN (ten zloty twenty groszy per share.
c. Authorization granted to the Management Board to acquire own shares for the purpose of redemption shall cover the period starting from the day following the adoption of the resolution until December 31, 2013 however not longer that until exhaustion of the means designated for acquisition.
d. Shares acquisition through package transactions shall not be excluded.
e. Shares acquisition through public summons shall not be excluded.
f. It is admissible to purchase the shares through the offers directed to all the Company shareholders.
g. Own shares acquisition can be financed from the amount which can be designated for distribution due to Art. 348 of the CCC, at the Management Board’s discretion; the Management Board shall be entitled to decide that the own shares acquisition for the purposes of redemption can be financed from other sources,
3. With respect to the Company’s interest, upon the receipt of an opinion of the Supervisory Board, the Management Board can:
a. Cease shares acquisition before December 31,2013 or before exhaustion of the means designated for acquisition.
b. Resign from acquisition if part or in full.
4. The General Assembly obliges and authorizes the Management Board of the Company to undertake all factual and legal actions necessary to acquire own shares of the Company for the purpose of redemption in accordance with Sec. 1 and 2 of this resolution, including conclusion of contracts with brokerage offices regarding acquisition of shares by means of transactions within or beyond stock market. The Management Board shall be authorized to determine other terms of shares acquisition within the scope not regulated in Sec. 1 of this resolution.
5. After termination of the process of own shares acquisition for the purpose of their redemption, following implementation of the provisions of this resolution, the Management Board shall immediately, but not later within 4 month from this date, convene the General Assembly in order to adopt resolutions regarding redemption of the shares and decrease of the Company’s share capital.
6. General Meeting resolves on creation of the reserve equity in the amount of 10.200.102 PLN (ten million two hundred thousand one hundred and two PLN )destined for purchasing the Company`s own shares. The above-mentioned reserve equity will be formed as a result of transfer into the equity of the amount of 10.200.102 PLN (ten million two hundred thousand one hundred and two PLN) coming from the Company reserve equity, arising from the profit executed by the Company in the previous years.
7. The resolution is valid from the day it was passed onwards.
Legal basis:
Article 56, sec. 1 point 2, Law about the public offer and conditions of introducing financial instruments into organized turnover system and about the public companies, of July 29th, 2005
CURRENT REPORT No 5/2013 of April 5, 2013
PROLONGATION OF PKO BP S.A. BANK GUARANTEE
KRAKCHEMIA S.A. Board informs that on April 5, 2013 Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna with a seat in Warsaw, acting upon the Company`s commission, granted a new irrevocable and unconditional guarantee of payment execution up to the amount of 22 000 thousand PLN (verbatim: twenty two million PLN) in favour of Basell Orlen Polyolefins Sprzedaż Sp. z o.o with a seat in Płock (Guarantee Beneficiary) by virtue of trade liabilities resulting from the Contract of non-exclusive distribution concluded on March 27, 2012 among Basell Sales & Marketing Company B.V., Basell Orlen Polyolefins Sprzedaż Sp. z o.o. and KRAKCHEMIA S.A. The guarantee is a continuation of previously granted guarantee, of which the Board informed with a report No. 9/2012 of April 12, 2012.
Collateral for the guarantee was settled in the credit agreement with PKO BP S.A. published in the report No. 19/2010. The guarantee is valid from May 23,2013 until October 12, 2013. The guarantee in question is transferrable i.e. the Beneficiary`s rights by virtue of the guarantee in question may be transferred upon prior Bank agreement.
Legal basis : § 5 sec. 1 item 3 of the Minister of Finance regulation on the current and periodical information published by the securities issuers and the circumstances of regarding as equivalent of the information required by the legal acts of a non-member state (Dz. U. z 2009 r. Nr 33 poz. 259 – The Journal of Law of 2009, No 33 item 259).
CURRENT REPORT No. 4/2013 of March 20, 2013
SUMMONING THE ORDINARY GENERAL SHAREHOLDERS MEETING
I.
KRAKCHEMIA Joint Stock Company Board with a seat in Kraków, ul. Pułkownika Dąbka 10, entered to the Commercial Register by the Kraków Śródmieście Regional Court in Kraków, XI Economic Department of the National Court Register (Sąd Rejonowy dla Krakowa – Śródmieścia w Krakowie, XI Wydział Gospodarczy Krajowego Rejestru Sądowego) under NCR number (numer KRS) 0000217348 (referred to thereafter as “Company”) on the basis of art. 399 § 1 w zw. z art. 4021 § 1 of the Commercial Company Code, convenes herewith an Ordinary General Meeting on the day April 16, 2013 at 12 o`clock, which is going to take place in Sala Konferencyjna Izby Przemysłowo-Handlowej w Krakowie (Conference Room of the Chamber of Commerce and Industry in Kraków),3 Floriańska Street.
II.
The Company Board proposes the following agenda :
1. Opening the General Meeting.
2. Choice of the Chairman of the General Meeting.
3. Stating the validity of summoning the General Meeting as well as its capability to vote
resolutions.
4. Passing the resolution of annulling the secret ballot in the matters concerning the choice
of the Returning Officers Panel members.
5. Choice of the Returning Officers Panel composition.
6. Presenting and accepting the agenda.
7. Presenting the Company Board report on the Company activity and the financial report
of the Company for the financial year 2012.
8. Presenting the Supervisory Board report on the review of the Company financial report, the
Company Board report on the Company activity for the year 2012 and the Company Board
motion concerning the use of profit for the financial year 2012 as well as presenting the
assessment of the Company situation while taking into consideration the assessment of inner
control system and the crucial risks management system in the Company.
9. Passing resolutions concerning:
9.1. Approval of financial statement for the trading year 2012;
9.2. Approval of the Board report on the Company activity in 2012;
9.3. Approval of the Supervisory Board report on the review of the Company financial report,
the Board`s report on the Company activity for the financial year 2012 and the Board
motion concerning the use of profit for the financial year 2012;
9.4. Passing the vote of approval on the fulfilment of duties by the members of the Company
Board in the financial year 2012;
9.5. Passing the vote of approval on the fulfilment of duties by the members of the
Supervisory Board in the financial year 2012;
9.6. Use of profit for the financial year 2012;
9.7. Determination of the number of the Supervisory Board members for the new term;
9.8. Appointing the members of the Supervisory Board for the new term;
9.9 Authorizing the Company Board purchase own shares with the aim of their redemption.
10. Closing the assembly.
III.
In reference to Art. 4022 of CCC, the Board publishes information concerning the participation in the General Shareholders Meeting:
1. The shareholders possessing at least 1/20 of the initial capital are entitled to demand the placement of particular matters in the General Shareholders Meeting agenda. The demand should be announced to KRAKCHEMIA S.A. Board no later than 21 days before the appointed Meeting date, i.e. on March 26, 2013 at the latest. The demand should contain justification and the draft of a proposed resolution concerning the agenda item proposed. A written form is required – the demand should be submitted at the Company seat (Kraków, ul. Płk. Dąbka 10), or in the electronic form and transferred only to the electronic mail address
wza@krakchemia.pl
The shareholder should indicate that he/she is in the possession of the required number of shares as on the date of the demand presentation i.e. he/she should enclose the certificate of shares or the certificate granting the right of participation in the General Meeting together with the demand. In case of legal persons and organisational entities without the legal person status, one needs additionally present the right of acting as a proxy on behalf of this entity through enclosing an up-to-date copy of the appropriate registry for the entity.
In case of shareholders presenting a demand by means of electronic media of communication, the documents should be transferred in the PDF format.
The demand transferred by the shareholders using the electronic communication means in a manner different than through the aforementioned email address, or without meeting the aforementioned requirements, do not have any legal effects with regard to the Company and as such are not considered.
2. The shareholders possessing at least 1/20 of the initial capital may present the resolutions drafts concerning the matters introduced to the agenda of the General Meeting or the matters, which are to be introduced to the agenda. The demand is to be presented in the written form at the Company seat (Kraków, ul. Płk. Dąbka 10) or using the electronic communication means (in the manner and at the e-mail address presented in point 1 above).
The drafts of resolutions transferred by the shareholders using the electronic communication means in the manners other than through the email address mentioned above or without meeting the conditions described above, do not have any legal effects with regard to the Company.
3. Each of the shareholders entitled to participate in the General Meeting can introduce drafts of resolutions concerning the matters placed in the agenda during the General Meeting.
4. A shareholder may participate in the General Meeting and execute his right of vote personally or by means of a proxy. A sample of the form for right of vote execution by means of a proxy was placed on the internet page:
http:/www.krakchemia.pl/801/wza/en/ .
The proxy is not obliged to vote by means of the aforementioned form.
At the same time, the Company Board informs that in case where the shareholder appoints a proxy together with an instruction concerning the vote, the Company will not verify if the proxies execute the right in accordance with the instruction, which was granted by the shareholder.
The right of representation in the voting through the proxy should be granted in a written form or in an electronic one. Granting the right of proxy in the electronic manner does not require an authorized digital signature verified by a valid signer`s private key.
The shareholder is obliged to transfer to the Company a note informing of granting the right of proxy in the electronic form at the electronic mail address
wza@krakchemia.pl , not later than by April 12, 2013, 12 o`clock a.m. Warsaw Mean Time.
In case of transfer of the note on granting the right of proxy in the electronic manner, the shareholder or the person authorized to take part in the General Meeting, sends, at the afore-mentioned electronic address the following :
1) Scan of the certificate of share concerning the Company stocks or the notification on the right of participation in the General Meeting of the Company,
2) The text or scan of the right of proxy granted, containing the data of the person granting the right or the people acting on his/her behalf in accordance with the rules of proxy representation valid with the person granting the right,
3) Scan of an ID or passport (containing data allowing for identification of the holder) of the proxy being a natural person,
4) Scan of a copy from the register pertaining to the proxy being a legal person or an organizational unit without legal personality,
5) Electronic mail address for communication with the shareholder or his/her proxy.
The aforementioned stipulations are applied accordingly, to the notification on withdrawal of the right of proxy in an electronic form.
The notifications transferred by the shareholders in the form other than through the aforementioned electronic mail or without meeting the requirements outlined above, will not cause legal effects with regard to the Company.
The shareholders will be allowed to participate in the General Meeting upon the identity card presentation, and the proxies upon the identity card presentation accompanied by the valid right of proxy granted in the written manner or through an electronic manner (the proxy should present the printout of the right of proxy).
The proxies of legal persons or the organisational units without legal personality are additionally obliged to present an up-to-date copies from respective registers, naming the people authorized to represent the entities.
5. The Company Articles do not stipulate possibility of General Meeting attendance via the use of electronic communication means.
6. The Company Articles does not envisage the possibility of pronouncing views in the course of The General Meeting via the electronic means of communication.
7. The Company Articles do not stipulate possibility of right of vote execution via correspondence nor via the use of electronic communication means during the General Meeting.
8. The date for registration of General Meeting participation is March 31, 2013.
9. The right of participation in KRAKCHEMIA S.A. General Meeting belongs to the people who:
a) As on 16 days before the General Meeting (i.e. March 31, 2013) are the Company shareholders,
b) In the period between the date of publishing this announcement and April 2, 2013, submit to the entity carrying the security account, where the Company shares are inscribed, a demand of issuing a name-bearing certificate on the right of vote in the General Meeting.
KRAKCHEMIA S.A. determines a list of shareholders authorized to participate in the General Meeting on the basis of a list received from the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych).
On the days of April 12, 13 and 15, 2013 in the hours from 9 a.m to 3 p.m, at the seat of KRAKCHEMIA S.A (Kraków, ul. Płk. Dąbka 10), a list of shareholders authorized to participate at the General Shareholders Meeting will be presented. A shareholder is entitled to demand the list to be transferred to his electronic email address upon request.
10. People authorized to participate in the General Meeting may obtain the complete documentation text which is to be presented at the General Meeting and the drafts of resolutions at KRAKCHEMIA S.A. seat (Kraków, ul. Płk. Dąbka 10) or at the Company website :
http:/www.krakchemia.pl/801/wza/en/
IV.
KRAKCHEMIA S.A. Board publishes the texts of resolution drafts to be presented at the General Meeting.
Resolution No 1 of KRAKCHEMIA S.A General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints Mr./Ms ______ as the Chairperson of the Meeting”.
Resolution No 2 of KRAKCHEMIA S.A General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves, acting on the basis of art.420 § 3 of CCC, to annul the secret ballot with regard to the choice of the Returning Officers Panel composition”
Resolution No 3 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting appoints the Returning Officers Panel in the following composition ________________”:
Resolution No 4 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting adopts the agenda presented.”
Resolution No 5 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the financial report for the financial year 2012, which is composed of:
1. the financial situation statement compiled for the 31st of December, 2012, which on the asset and the liabilities with own equity side amounts to 177 417 604,19 PLN;
2. total income statement for the period from 1st of January until 31st December 2012, presenting a net profit from total income amounting to 10 801 791,71 PLN.
3. the financial flow account for the accounting year from 1st January until 31st December 2012, presenting a decrease of cash and credit in the current account by 27 469 870,09 PLN.
4. own equity changes for the financial year from 1st January until 31st December 2012 presenting an increase in own capital by the amount of 7 301 791,71 PLN.
5. additional informationupon accounting rules adopted and other explanations for the accounting year from 1st January until 31st December 2012”.
Resolution No 6 of KRAKCHEMIA S.A General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the Board report on the Company activity for the accounting year 2012.”
Resolution No 7 of KRAKCHEMIA S.A General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting approves the Supervisory Board report on the review of: the Company financial statement and the Board report on the Company activity for the accounting year 2012 and the Company Board motion regarding the use of profit for the accounting year 2012.”
Resolution No 8 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Andrzej Zdebski a vote of approval on the fulfilment of duties as the Chairman of the Company Board in the financial year 2012.”
Resolution No 9 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Włodzimierz Oprzędek a vote of approval on the fulfilment of duties as the Deputy Chairman of the Company Board in the financial year 2012.”
Resolution No 10 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Jerzy Mazgaj a vote of approval on the fulfilment of duties as the Chairman of the Supervisory Board in the financial year 2012.”
Resolution No 11 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms. Barbara Mazgaj a vote of approval on the fulfilment of duties as the Deputy Chairwoman of the Supervisory Board in the financial year 2012.”
Resolution No 12 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms. Ilona Malik a vote of approval on the fulfilment of duties as the Supervisory Board Secretary in the financial year 2012.”
Resolution No 13 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Mariusz Wojdon a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the financial year 2012.”
Resolution No 14 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Mr. Marek Kłuciński a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the financial year 2012.”
Resolution No 15 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A Ordinary General Shareholders Meeting resolves to grant Ms Elżbieta Wyrobiec a vote of approval on the fulfilment of duties as a Member of the Supervisory Board in the financial year 2012.”
Resolution No 16 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A. General Shareholders Meeting resolves to devote the entire net profit for the accounting year 2012 amounting to 10 238 258,79 PLN to the reserve equity of the Company.”
Resolution No 17 of KRAKCHEMIA S.A Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A General Shareholders Meeting determines that the number of the Supervisory Board members in the new term of office will amount to ___ people.”
Resolution No 18 of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A General Shareholders Meeting appoints Mr./Ms ______ as a member of the Supervisory Board.”
Resolution No __ of KRAKCHEMIA S.A. Ordinary General Shareholders Meeting
“KRAKCHEMIA S.A General Shareholders Meeting, acting on the basis of Art. 362 § 1 point 8) of the Commercial Companies Code, adopts the following:
1. KRAKCHEMIA S.A General Shareholders Meeting, acting on the basis of Art. 362 § 1 point 8) of the Commercial Companies Code, authorizes the Management Board to acquire own shares of the Company listed on the key market of the Giełda Papierów Wartościowych S.A. in Warsaw (hereinafter: the “GPW”), for the purpose of redemption.
2. The Company will acquire the fully paid-up shares for the purpose of redemption in accordance with the following terms:
a. Total number of the shares acquired for the purpose of redemption shall not exceed 2 mln (two million) shares of the nominal value of 1 PLN each.
b. Total price paid for the acquired shares shall not be less than ___ (____) PLN; whereas total price paid for the acquired shares shall not exceed ___ (____) PLN.
c. Authorization granted to the Management Board to acquire own shares for the purpose of redemption shall cover the period from ______ until _______, however not longer that until exhaustion of the means designated for acquisition.
d. Shares acquisition through package transactions shall not be excluded.
e. Shares acquisition through public summons shall not be excluded.
f. Own shares acquisition can be financed from the amount which can be designated for distribution due to Art. 348 of the CCC, at the Management Board’s discretion; the Management Board shall be entitled to decide that the own shares acquisition for the purposes of redemption can be financed from other sources,
3. With respect to the Company’s interest, upon the receipt of an opinion of the Supervisory Board, the Management Board can:
a. Cease shares acquisition before ___________ or before exhaustion of the means designated for acquisition.
b. Resign from acquisition if part or in full.
4. The General Assembly obliges and authorizes the Management Board of the Company to undertake all factual and legal actions necessary to acquire own shares of the Company for the purpose of redemption in accordance with Sec. 1 and 2 of this resolution, including conclusion of contracts with brokerage offices regarding acquisition of shares by means of transactions within or beyond stock market. The Management Board shall be authorized to determine other terms of shares acquisition within the scope not regulated in Sec. 1 of this resolution.
5. After termination of the process of own shares acquisition for the purpose of their redemption, following implementation of the provisions of this resolution, the Management Board shall immediately, but not later within 4 month from this date, convene the General Assembly in order to adopt resolutions regarding redemption of the shares and decrease of the Company’s share capital.
6. General Meeting resolves on creation of the reserve equity in the amount of _____ PLN (______) destined for purchasing the Company`s own shares. The above-mentioned reserve equity will be formed as a result of transfer into the equity of the amount of ____ PLN (_____) coming from the Company reserve equity, arising from the profit executed by the Company in the previous years.
7. The resolution is valid from the day it was passed onwards.”
KRAKCHEMIA S.A. Board
The Legal Basis: § 38 sec. 1 of the Minister of Finance Regulation of February 19, 2009 concerning the current and periodical information published by the securities issuing entities (Official Journal, Dz. U. Of 2009 No 33 item. 259)
CURRENT REPORT No. 3/2013 OF MARCH 20, 2013
LIST OF 2012 REPORTS
KRAKCHEMIA S.A. Board presents officially the comprehensive list of current and periodical reports submitted in 2012. Furthermore, the company informs that the reports listed are available on the company’s website: www.krakchemia.pl
Current reports:
1/2012 (10.01.2012) - LIST OF 2011 REPORTS
2/2012 (20.01.2012) - SIGNING THE ANNEX TO THE CREDIT AGREEMENT WITH KREDYT BANK S.A.
3/2012 (27.01.2012) - SIGNING AN ANNEX TO A CONSIDERABLE CONTRACT
4/2012 (31.01.2012) - THE DATES OF PUBLISHING THE PERIODICAL REPORTS IN 2012
5/2012 (2.02.2012) - PROLONGATION OF PKO BP S.A. BANK GUARANTEE
6/2012 (15.03.2012) - SUMMONING THE ORDINARY GENERAL SHAREHOLDERS MEETING
7/2012 (27.03.2012) - CONCLUSION OF A SIGNIFICANT CONTRACT
8/2012 (11.04.2012) - LISTING OF RESOLUTIONS PASSED AT KRAKCHEMIA S.A. ORDINARY GENERAL
SHAREHOLDERS MEETING OF APRIL 10, 2012.
9/2012 (12.04.2012) - GRANTING OF BANK GUARANTEE BY PKO BP S.A.
10/2012 (12.04.2012) - THE LIST OF SHAREHOLDERS POSSESSING AT LEAST 5% OF VOTES AT THE ORDINARY
GENERAL MEETING KRAKCHEMIA S.A. OF APRIL 10, 2012
11/2012 (22.06.2012) - CONCLUDING A CONSIDERABLE CONTRACT
12/2012 (18.07.2012) - CHOICE OF THE ENTITY AUTHORIZED TO SURVEY THE FINANCIAL REPORTS OF THE COMPANY
13/2012 (28.08.2012) - SIGNING THE ANNEX TO THE CREDIT AGREEMENT WITH BRE BANK S.A.
14/2012 (12.11.2012) - SIGNING THE ANNEX TO THE CREDIT AGREEMENT WITH KREDYT BANK S.A.
15/2012 (23.11.2012) - PURCHASE OF COMPANY SHARES BY THE SUPERVISORY BOARD MEMBER
16/2012 (23.11.2012) - CHANGE IN THE STRUCTURE OF GENERAL NUMBER OF VOTES STRUCTURE
17/2012 (18.12.2012) - CONCLUDING A CONSIDERABLE AGREEMENT
18/2012 (21.12.2012) - SIGNING THE ANNEX TO THE CREDIT AGREEMENT WITH KREDYT BANK S.A.
19/2012 (21.12.2012) - CONCLUSION OF A CONSIDERABLE CONTRACT
20/2012 (27.12.2012) - PURCHASE OF SHARES BY A MEMBER OF THE SUPERVISORY BOARD
21/2012 (27.12.2012) - CHANGE OF STAKES IN THE GENERAL NUMBER OF VOTES
Periodical report:
14.03.2012 - YEAR REPORT, 2011
11.05.2012 - PERIODICAL REPORT 1ST QUARTERLY REPORT, 2012
24.08.2012 - PERIODICAL REPORT MID – YEAR REPORT, 2012
9.11.2012 - PERIODICAL REPORT 3RD QUARTERLY REPORT, 2012
EBI report:
1/EBI/2012 (31.12.2012) - INFORMATION CONCERNING THE APPLICATION OF GOOD PRACTICES BY THE COMPANIES QUOTED AT THE WARSAW STOCK EXCHANGE (GPW)
Legal basis:
Article 65 Law about the public offer and conditions of introducing financial instruments into organized turnover system and about the public companies, of July 29th, 2005.
18.03.2013
CURRENT REPORT No 2/2013 of March 19, 2013
APPOINTING KRAKCHEMIA S.A. BOARD FOR A NEW TERM.
KRAKCHEMIA S.A Board informs that KRAKCHEMIA S.A. Supervisory Board, during its sitting of March 18, 2013 adopted a resolution concerning the appointment of The Company Board for a new term, according to which KRAKCHEMIA S.A. Supervisory Board, on the basis of § 5 para.1 item 1.1 of the Company Articles, resolves that the Company Board shall consist of 2 members, in the hitherto, unchanged composition:
· Andrzej Zdebski – Chairman of the Board,
· Włodzimierz Oprzędek – Vice-Chairman of the Board.
Mr. Andrzej Zdebski – Chairman of the Board,
Function performed in the Issuer’s Company: Chairman of the Board
Andrzej Zdebski has a higher legal education. Solicitor. Mr. Zdebski graduated from the Law Department at the Jagiellonian University. He has an extensive experience in management. In years 1984-1992, he was an assistant at the Jagiellonian University, International Public Law Department. He held the post of the Director in the Polish Chamber of Foreign Trade, Kraków branch (1992-1994) and in the Chamber of Industry and Commerce in Kraków, 1994-1997. 1997-2001, he was the Director of branches and central departments of the following banks: BWR SA in Kraków, Deutsche Bank 24, Millennium Prestige. He held the position of Deputy Secretary in the Ministry of Economy and Labour (2001-2003). 2003-2006, Mr. Zdebski was the Chairman of the Board in the Polish News Agency and Foreign Investment Stock Company, and since 2007 until now, he has Bern holding the position of the Chairman of KRAKCHEMIA S.A Board.
He was a member of the Supervisory Board in the following companies: Unimil S.A., Bank Gospodarstwa Krajowego, BGŻ S.A.
Currently, the Chairman of the Supervisory Board of the International Airport (Międzynarodowy Port Lotniczy im. Jana Pawła II – Kraków Balice) and the member of the Supervisory Boards of NFI Jupiter, Zelmer S.A., the President of the Chamber of Trade and Industry in Kraków (Izba Przemysłowo-Handlowa), Chilean Honorary Consul in Kraków.
Mr. Andrzej Zdebski does not carry out an activity that is competitive in relation to the activity performed in the Issuer`s company, neither is he a member of a competitive company as an associate of a joint stock company, partnership nor as a member of limited company body, nor any other competitive legal person in the function of a member of its body. He is not inscribed in the Insolvent Debtors` Register (Rejestr Dłużników Niewypłacalnych) administered on the basis of the Bill on KRS (National Court Registry)
Mr. Włodzimierz Oprzędek – Vice-Chairman of the Board, Managing Director
Function performed in the Issuer`s Company: Vice-Chairman of the Board
Mr. Oprzędek has a higher, technical education. He graduated from Akademia Górniczo-Hutnicza
in Kraków (the Academy of Mining and Metallurgy). He completed his post-graduate studies at
the University of Economics in Kraków, Economics and Organisation of Construction Export in 1990 as well as Economics and Management of Companies in 2002. 1980-1989, he was an assistant at Akademia Górniczo-Hutnicza in Kraków. As a specialist in export, he worked in Kolejowe Zakłady Automatyki (Railway Automation Works) 1989-1991. From 1991 to 2000, he was affiliated with Trade Company KrakChemia S.A (currently ALMA MARKET S.A.), where he held the positions of
a specialist in foreign trade and the manager of Foreign Trade Office, consecutively.
In KrakChemia S.A.( before its transformation in 2004, the company existed as KrakChemia-Hurt
Sp. z o.o.(Ltd)), he has been working since its creation, i.e. since 2000. He has held the positions of the Foreign Trade Office Manager, the Director for Co-operation and Implementation as well as in
the function of Managing Director. Until 2002, he was the company’s proxy. Since 2002 until now, he has held the position of the Vice-Chairman of the Board as the Managing Director.
Mr. Włodzimierz Oprzędek does not carry out an activity that is competitive in relation to the activity performed in the Issuer`s company, neither is he a member of a competitive company as an associate of a joint stock company, partnership nor as a member of limited company body, nor any other competitive legal person in the function of a member of its body. He is not inscribed in the Insolvent Debtors` Register (Rejestr Dłużników Niewypłacalnych) administered on the basis of the Bill on KRS (National Court Registry).
The Legal Basis: § 5 sec. 1 item 22 of the Minister of Finance Regulation of February 19, 2009 concerning the current and periodical information published by the securities issuing entities (Official Journal, Dz. U. Of 2009 No 33 item. 259)
CURRENT REPORT No 1/2013 of January 31, 2013
THE DATES OF PUBLISHING THE PERIODICAL REPORTS IN 2013
KRAKCHEMIA S.A. Board publishes the dates of publishing the periodical reports in 2013:
I. The dates of publishing the quarterly reports
1. For the 1st quarter of 2013 - May 10, 2013 (Friday)
2. For the 3rd quarter of 2013 - November 8, 2013 (Friday)
II. The date of publishing the half-year report for the first half of 2013 – August 23, 2013 (Friday)
III. The date of publishing the yearly report for the year 2012 – March 14, 2013 (Thursday)
The Company shall not publish the periodical report for the 4th quarter of 2012 and the periodical report for the 2nd quarter of 2013 in accordance with the stipulations of § 101 ust. 2 and § 102 ust. 1 of the Minister of Finance regulation of February 19, 2009 on the current and periodical reports published by the securities issuers and the circumstances of regarding as equivalent of the information required by the non-member state legal acts (Dz. U. z 2009 r. Nr 33, poz. 259 – the Journal of Law of 2009 No 33 item 259).
The report has been published in accordance with § 103 ust. 1 of the Minister of Finance regulation of February 19, 2009 on the current and periodical reports published by the securities issuers and the circumstances of regarding as equivalent of the information required by the non-member state legal acts (Dz. U. z 2009 r. Nr 33, poz. 259 – the Journal of Law of 2009 No 33 item 259).
